Stock analysis is used by traders to make buy and sell call. It’s an approach to make informed decisions while investing in stocks. Stock analysis can be categorised into – fundamental analysis and technical analysis. Fundamental analysis is evaluation of data from sources, including financial records, economic reports, company assets, and market share. Analysts typically study the company’s financial statements – balance sheet, income statement, cash flow statement, and footnotes. These statements are made available to the investors in the form of quarterly earnings, disclosures to stock exchanges in compliance with the Securities and Exchange Board of India (Sebi) norms. In fundamental analysis, the analysts particularly check for a company's core income, income from other sources, profitability, guidance, assets and liabilities and debt ratio among other parameters. The other method, i.e. the technical analysis focuses purely on statistical data. It works on two assumptions; one, the stock price reflects the fundamentals. Second, the study of past and present movement in prices can help determine the future price trends. Technical analysis primarily deals with price, volume, demand and supply factors. This method is effective only when supply and demand forces influence the market. However, when outside factors are involved in a price movement, technical analysis may not be successful. More
Ashwani Gujral of ashwanigujral.com is of the view that one may buy Hindustan Unilever, Maruti Suzuki, Chambal Fertiliser and PTC India and can sell GMDC.
Mitessh Thakkar of miteshthacker.com recommends buying Aditya Birla Nuvo and Godrej Consumer and advises selling Zee Entertainment, Bata India and Glenmark Pharma.
Now, a break above 9,650 would strengthen the bullish argument till that time the index is likely to trade in a range.
Some quality names in IT and pharma are available at appealing valuations which are attracting smart money into these stocks.
Ashwani Gujral of ashwanigujral.com is of the view that one may sell HDFC and Asian Paints.
Mitessh Thakkar of miteshthacker.com is of the view that one can buy HDFC, Shankara Build and Chambal Fertilisers and can sell Andhra Bank.
Sudarshan Sukhani of s2analytics.com is of the view that one may buy Hindustan Unilever and BEML and sell Ujjivan Financial Services.
According to Manoj Murlidharan of Religare Securities, one can buy Canara Bank, HDFC and Ambuja Cements.
Auto sector, coupled with HDFC and Coal India, among others, are being tracked by analysts on Friday.
Mitessh Thakkar of miteshthacker.com suggests selling HCC, IDFC Bank and RBL Bank and buy HDFC and Tata Motors DVR.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Motherson Sumi and HDFC and sell Reliance Power, Reliance Infra and Reliance Capital.
Mitessh Thakkar of miteshthacker.com suggests buying Colgate Palmolive and HDFC and advises shorting Allahabad Bank.
Ashwani Gujral of ashwanigujral.com recommends buying Wockhardt, Divis Laboratories and Aurobindo Pharma.
Ashwani Gujral of ashwanigujral.com suggests buying ITC and HDFC and advises selling Reliance Power.
Ashwani Gujral of ashwanigujral.com suggests buying Sundram Fasteners, Yes Bank and NBCC.
Ashwani Gujral of ashwanigujral.com recommends buying Eicher Motors, Hindustan Unilever and DLF.
Ashwani Gujral of ashwanigujral.com recommends buying HDFC, Hindustan Unilever and Reliance Industries.
Ashwani Gujral of ashwanigujral.com is of the view that one can buy Bajaj Finance and HDFC.
Mitessh Thakkar of miteshthacker.com is of the view that one can sell HDFC and can buy Ambuja Cements.
In an interview to CNBC-TV18 technical analyst, Ashwani Gujral of ashwanigujral.com shared his reading and outlook on the market and also gave recommendations on various stocks.
HDFC, Godrej Properties, and Emami, among others, are on the radar of analysts on Friday
Rajat Bose of rajatkbose.com is of the view that one may stay with Housing Development Finance Corporation as it will test Rs 1800 in one year time.
Vijay Chopra of enochventures.com is of the view that one may hold Housing Development Finance Corporation.
Ashwani Gujral of ashwanigujral.com advises buying Edelweiss Financial Services, HDFC and Mahindra CIE.
Gaurang Shah of Geojit Financial Services is extremely positive on Indiabulls Housing Finance, HDFC and LIC Housing Finance.